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Maine’s Adult-Use Cannabis Sales in August Surpasses $10 Million

The jump was a more moderate increase than July’s 45% increase from June

Maine’s adult-use cannabis retailers are continuing to break sale records, with $10.2 million worth of marijuana products being sold in the month of August.

The sales jump was a more moderate increase than July’s 45 percent increase from June sales, but it marks the first time in the industry’s history to report monthly sales of at least $10 million since the adult-use market launched last fall.

According to data released by the Maine Office of Marijuana Policy, the state’s 53 licensed adult-use retailers reported 133,969 sales transactions totaling over $10.2 million last month, earning the state roughly $1 million in sales tax revenue.

Recreational cannabis sales in Maine have steadily climbed since the market launched less than a year ago, with retailers totaling about $1.1 million in sales the first month and setting a new record each month thereafter. In July, cannabis retailers brought in roughly $9.4 million, smashing the previous record by almost $3 million.

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Marijuana Retail Report, is a national daily online trade publication serving retailers of marijuana products and accessories. News and information are geared strictly to select retail channels, with distribution limited to licensed collectives, recreational retailers, accessories retailers, and wholesalers.

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